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Price notice: Seattle/Portland scrap update

May 10, 2019 | 10:08 AM |

Tags  price notice, ferrous scrap, Seattle/Portland export yard buying price, Seattle/Portland consumer buying price


Following a 30-day consultation period and feedback from the industry, Fastmarkets AMM will not discontinue its monthly Seattle/Portland export yard buying price assessments and Seattle/Portland consumer buying price trend assessments. 

The following export yard buying prices will continue to be assessed weekly:

Assessment: No1 heavy melting scrap
Quality: Wrought iron and/or steel scrap ΒΌ inch and over in thickness. Individual pieces not over 60 inches x 24 inches (charging box size) prepared in a manner to insure compact charging. 
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Machine shop turnings
Quality: Clean steel or wrought iron turnings, free of iron borings, nonferrous metals in a free state, scale, or excessive oil. May not include badly rusted or corroded stock. 
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Unstripped motor blocks scrap
Quality: Automobile or truck motors from which steel and non-ferrous fittings may or may not have been removed. Free from driveshafts and all frames. 
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Auto bodies scrap
Quality: Constitutes auto bodies 
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Cut structural/plate, 5ft. max
Quality: Cut structural and plate scrap, 5 feet and under. Clean open hearth steel plates, structural shapes, crop ends, shearings, or broken steel tires. Dimensions not less than 1/4 inch thickness, not over 5 feet in length and 18 inches in width. Phosphorus or sulfur not over 0.05 percent.
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

The following price trends will continue to be assessed weekly:

Assessment: No1 heavy melting scrap consumer buying price trend
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Shredded auto scrap consumer buying price trend
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Machine shop turnings consumer buying price trend
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

Assessment: Cut structural/plate, 5ft. max, consumer buying price trend
Location: Seattle/Portland
Unit: US dollars per gross ton
Publication: Weekly

If you have any comments on this decision, please contact Lisa Gordon by email at pricing@fastmarkets.com. Please add the subject heading FAO: Lisa Gordon, re: Seattle/Portland buying prices.

To see all of Fastmarkets AMM's pricing methodology and specification documents, click here.



 

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